4, Old Way
4, Old Way
Description & Estimates
4, Old Way, Ivybridge is described in the public record as a modern house with 1,001 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Old Way, Ivybridge is £407,442 and its rental estimate is £1,060 per month, given the available information and assuming reasonable condition.
Old Way, Filham, Ivybridge, PL21 falls within the PL21 postal district, in the borough of South Hams.
Our Data Sources
4, Old Way, Ivybridge has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Old Way, Ivybridge, we estimate a market value of £427,814 and a rental value of £1,114 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,921 and £986 per month respectively.
Recent Market Change
Over the last year, 4, Old Way, Ivybridge has seen its estimated sale value grow by £744 (0.2%) and its estimated rental value climb by £54 per month (5.0%). This results in an estimated gross rental yield of 3.1%.
Energy Efficiency
4, Old Way, Ivybridge has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 20 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Old Way, Ivybridge have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2022, was 30, Cross Park, Ivybridge, PL21 0WL, a freehold house which sold for £365,000.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Old Way, Filham, Ivybridge, PL21, 4, Old Way, Ivybridge comes out as the 7th largest and the 9th most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the PL21 district.
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Schools Nearby
- 1.2kmStowford School
- 1.8kmThe Erme Primary School
- 2.1kmManor Primary School, Ivybridge
- 1.5kmIvybridge Community College
- 11.0kmPlympton Academy
- 12.0kmHele's School
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Public Transport Nearby
From 4, Old Way, Ivybridge, the nearest station is Ivybridge, 800 metres away.
- 800mIvybridge
- 15.6kmTotnes
- 17.6kmPlymouth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
